WINTON GROUP Ltd Sells 18,543 Shares of Builders FirstSource, Inc. $BLDR

WINTON GROUP Ltd decreased its position in shares of Builders FirstSource, Inc. (NYSE:BLDR) by 58.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,131 shares of the company’s stock after selling 18,543 shares during the period. WINTON GROUP Ltd’s holdings in Builders FirstSource were worth $1,592,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in BLDR. TD Waterhouse Canada Inc. purchased a new stake in shares of Builders FirstSource in the third quarter worth about $34,000. CYBER HORNET ETFs LLC bought a new stake in Builders FirstSource in the 2nd quarter worth approximately $38,000. MUFG Securities EMEA plc bought a new position in shares of Builders FirstSource during the 2nd quarter valued at approximately $38,000. IMA Advisory Services Inc. grew its holdings in shares of Builders FirstSource by 40.9% in the third quarter. IMA Advisory Services Inc. now owns 355 shares of the company’s stock valued at $43,000 after purchasing an additional 103 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Builders FirstSource in the third quarter valued at $44,000. 95.53% of the stock is owned by institutional investors.

Builders FirstSource Price Performance

Builders FirstSource stock opened at $93.66 on Wednesday. The firm has a 50-day moving average price of $113.78 and a 200-day moving average price of $117.03. The firm has a market capitalization of $10.36 billion, a PE ratio of 24.14, a price-to-earnings-growth ratio of 2.29 and a beta of 1.56. The company has a current ratio of 1.86, a quick ratio of 1.16 and a debt-to-equity ratio of 1.02. Builders FirstSource, Inc. has a 12-month low of $89.41 and a 12-month high of $151.03.

Builders FirstSource (NYSE:BLDR) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $1.12 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.18). Builders FirstSource had a net margin of 2.87% and a return on equity of 17.89%. The firm had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $3.46 billion. During the same quarter in the previous year, the company posted $2.31 earnings per share. The business’s revenue for the quarter was down 12.1% on a year-over-year basis. As a group, equities research analysts forecast that Builders FirstSource, Inc. will post 11.59 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on BLDR shares. The Goldman Sachs Group lowered their price objective on shares of Builders FirstSource from $150.00 to $142.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Barclays lowered their price target on shares of Builders FirstSource from $136.00 to $124.00 and set an “overweight” rating for the company in a report on Friday, February 20th. DA Davidson reduced their price objective on Builders FirstSource from $115.00 to $111.00 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. UBS Group decreased their price objective on Builders FirstSource from $166.00 to $143.00 and set a “buy” rating on the stock in a research report on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Builders FirstSource from $117.00 to $102.00 and set a “hold” rating for the company in a research note on Monday, February 23rd. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $127.81.

Builders FirstSource Profile

Builders FirstSource, Inc is a leading supplier of structural and value-added building products and services to professional contractors, homebuilders and remodelers. The company provides a comprehensive range of materials and prefabricated components that support all phases of residential construction, from site development and framing to finishing and installation.

The company’s core offerings include lumber and lumber sheet goods, windows and doors, millwork, roofing and siding, and engineered wood products such as roof and floor trusses.